BITCOIN- FALLING WEDGE AND GOLDEN RATIO FIB BOUNCE
Updated
I AM NOT BULLISH
I AM NOT BEARISH
I AM AN INVESTOR
Looking for buying opportunities for the long haul. I see a falling wedge. I also see BTC hit a fib bounce off of the golden ratio fibonacci level 61.8% retracement. If bitcoin closes the day above the falling edge trend line and above the 50% retracement, the reversal has begun and I will go long with a lot of money...and so will other key investors in the space. Just thought you should know.
I AM NOT BEARISH
I AM AN INVESTOR
Looking for buying opportunities for the long haul. I see a falling wedge. I also see BTC hit a fib bounce off of the golden ratio fibonacci level 61.8% retracement. If bitcoin closes the day above the falling edge trend line and above the 50% retracement, the reversal has begun and I will go long with a lot of money...and so will other key investors in the space. Just thought you should know.
Note
GR Fibonacci was retested later last night, upon waking we can see that BTC wants to move back to test the falling wedge upper trend line again...will it break this time? We shall see.Note
Bye bye bitcoin
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